HAPP - Happiness Biotech reports record $14M+ sales in its March e-commerce business

Happiness Biotech (HAPP) trades 4.2% higher premarket after its e-commerce business recorded sales of $14M+ in March, the highest single month's sales since the establishment of its e-commerce department in September 2020.Among the sales of the e-commerce business, Happy Buy recorded over $11.8M, exceeding the previous expectation of $8M to $10M, and Happy Auto recorded sales of more than $2.6M in March.Since its September 2020 launch, revenue of the e-commerce business crossed $28M in the past six months, 30% higher than the total revenue of $21.88M of the whole company during the six months ended Sep. 30, 2020.The company expects to achieve more promising results in FY21.

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Happiness Biotech reports record $14M+ sales in its March e-commerce business